10 Updates

Citigroup: Bernanke's Money Printing Winner

Source: The Street, Dec 12 2012, 5:06pm CST

This was the first time the Federal Reserve tied the federal funds rate directly to the unemployment rate. Federal Reserve chairman Ben Bernanke said later during a press conference that "clearly the Fiscal Cliff is having eff ...

Continue reading on: The Street

 
 
Update
10

14 minutes ago

FTSE slides 1.9%, markets crash on Fed & China fears

Source: Citywire.co.uk  |   May 23 2013, 4:16am CDT

View the article online at http://citywire.co.uk/money/article/a681513 None of the investments in your favourites are available for purchase with this facility Markets and share prices dived around the world after China issued weak economic d ...

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Update
9

28 minutes ago

EURO GOVT-Periphery hurt as U.S. stimulus worry hits risk assets

Source: Reuters Mobile  |   May 23 2013, 4:02am CDT

* Stocks fall after Bernanke says Fed could cut stimulus LONDON, May 23 (Reuters) - Peripheral euro zone bond prices fell on Thursday as concerns the Federal Reserve could reduce its economic stimulus in the next ...

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Update
8

23 weeks ago


Quote:
"cannot offset the Fiscal Cliff. It's just too big."


Source: The Street

 

Latest Business News

 
Update
7

45 minutes ago

Bernanke: Jobs puny, stimulus stays

Source: Arkansas Online  |   May 23 2013, 3:45am CDT

MANUEL BALCE CENETAFederal Reserve Chairman Ben Bernanke (right) greets Joint Economic Committee Chairman Rep. Kevin Brady, R-Texas, and the committee’s vice chairman, Sen. Amy Klobuchar, D-Minn., on Capitol Hill ...

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Update
6

51 minutes ago

European shares slide after Bernanke comments rattle investors

Source: Reuters.co.uk  |   May 23 2013, 3:39am CDT

* China data heaps pressure on indexes at 5-yr highs * Halfords wilts in wake of dividend cut LONDON, May 23 (Reuters) - European shares went into a tailspin early on Thursday, spooked by concerns that the U.S. Federal Reserve could ...

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Update
5

52 minutes ago

When Will Fed Officials Ease Off The Accelerator?

Source: NPR  |   May 23 2013, 3:38am CDT

Federal Reserve chairman Ben Bernanke told Congress Wednesday that the central bank is not ready to scale back on economic stimulus. But he suggested the Fed may start to pare back bond purchases if the economy picks up momentum. Sto ...

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Update
4

53 minutes ago

Stocks ride Fed seesaw, then slide

Source: Arkansas Online  |   May 23 2013, 3:37am CDT

NEW YORK - The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in afternoon. Prices surged on congressional testimony by Fed Chairman Ben Bernanke early in ...

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Update
3

1 hour ago

Markets mixed amid U.S. stimulus talk

Source: Regina Leader-Post  |   May 23 2013, 3:08am CDT

North American markets were mixed Wednesday after U.S. Federal Reserve chairman Ben Bernanke said the central bank has considered ending its extraordinary stimulus program, but added that it is too soon to do it ...

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Update
2

1 hour ago

Markets fall on China data, Fed

Source: BBC World  |   May 23 2013, 3:04am CDT

Manufacturing and export sectors have been key drivers of China economic growth in recent years Global markets fell after weak Chinese data and worries that the US Federal Reserve may slow its monetary stimulus. In Asia, the fall was led by Japan's Nik ...

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Update
1

1 hour ago

Fed to keep its stimulus effort going

Source: The Fort Wayne Journal Gazette  |   May 23 2013, 2:48am CDT

Chairman Ben Bernanke told Congress on Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Feds efforts to keep borrowing rates low ...

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